All Forum Posts by: James Phillips

@Dan Gandee Excellent! Thanks for reaching out. I'll be in touch later tonight. 👍🏻

I’ve got a lot tied up (in Eugene) for much less than the asking price in a great infill location and architectural plans are currently being drafted for a fourplex. We’re designing it under a middle housing land division, which means each unit can be sold off individually later — giving us two solid exit options: hold as rentals or sell them off one by one.

I’m lining up the equity needed to close on a construction loan and looking for a partner to come in on the equity side. I’m managing the whole process — land use, design, GC, and everything through closeout.

If you're looking to get into small multifamily development with flexible upside and want to see the numbers/pro forma, shoot me a message.

I’ve got a lot tied up for much less than the asking price in a great infill location and architectural plans are currently being drafted for a fourplex. We’re designing it under a middle housing land division, which means each unit can be sold off individually later — giving us two solid exit options: hold as rentals or sell them off one by one.

I’m lining up the equity needed to close on a construction loan and looking for a partner to come in on the equity side. I’m managing the whole process — land use, design, GC, and everything through closeout.

If you're looking to get into small multifamily development with flexible upside and want to see the numbers/pro forma, shoot me a message.

Thanks for the heads up, Remington. I love the ULI, and I've devoured all their books. I'll definitely join!

Hello,

I’ll be relocating to Columbus with my family in the coming months, and I’m looking to connect with active investors who are currently flipping or building. I have capital I’d like to put to work, but I’m also looking to establish cash flow as I get settled. I’m weighing whether to take on a job initially to gain stability and build local relationships, or dive straight into development — ideally, I’d like to find a path that allows for a bit of both.

If you or someone you know is actively doing deals and could use help managing projects, or needs capital to get the next one off the ground, I’d love to connect.

I've done this. We used a preferred return of 8% plus the equity split. This structure helps to incentivize investors for the capital raising process. Still made strong returns as the GP. Could you share more about what you're up to? Are you raising money for a singular project, or do you have some set of investment parameters for projects for which you're raising money? BTW, I'm planning to move to Columbus and looking for people to connect/work with. Have some liquid cash to invest. 

@Kristin Flores-Brockman Really? Okay, I'll check it out, thanks!

@Diego A. Haven't made the jump quite yet, but thanks!

@Kristin Flores-Brockman Hey Kristin. Open to other areas as well!